Compliance tools · Corporate governance, employment and financial

EU Taxonomy Regulation compliance tool

Regulation (EU) 2020/852 · European Union · Binding instrument

Name anyone on your staff. The system makes them your compliance person.

A member of your own staff, with no compliance background, reads the training module, answers the interview, and finishes with your EU Taxonomy Regulation documentation cited article by article. The knowledge stays in the business.

Every account level runs inside a dedicated Claude account. Anyone can try a toolkit in their own Claude account; compliance work runs in a dedicated one. The Claude Max plan is £90 a month, paid to Anthropic, and is not included in any level.

See a finished report before you pay

EU Taxonomy Regulation is Regulation (EU) 2020/852, a binding instrument in the European Union. Classification of environmentally sustainable economic activities for reporting, by the undertakings that report under the CSRD and by financial market participants.

The free assessment screens for EU Taxonomy Regulation when a business provides financial services or is an obliged financial entity, or must report under CSRD.

Sectors this instrument reaches: financial market participants.

Screen your business against all 116 agent toolkits, free →

• Your exact position under EU Taxonomy Regulation: what is in place, what is missing, and what to do about each gap.
• Documentation with article citations, ready for auditors, insurers, customers and public buyers.
• A trained person inside the business who understands what the regulation requires, and stays.
• A dated record of every section completed, with the reports themselves staying in your own Claude account. The toolkit is carried by an account level, see the plans.
• All of it completed in-house, at your own pace, without booking a single meeting.

Check that EU Taxonomy Regulation applies to your business, free →

Does EU Taxonomy Regulation apply to my business?

The EU Taxonomy Regulation applies to you if you are a financial market participant making available financial products, a Member State or the Union setting sustainability requirements, or an undertaking that must publish a non-financial statement under Article 19a or Article 29a of Directive 2013/34/EU, as set out in Article 1.

Who does EU Taxonomy Regulation apply to?

It applies to three categories in Article 1: financial market participants as defined in point (1) of Article 2 of Regulation (EU) 2019/2088, Member States and the Union when they set requirements for financial products or corporate bonds marketed as environmentally sustainable, and undertakings subject to non-financial reporting under Directive 2013/34/EU.

Does EU Taxonomy Regulation apply to a small business?

The Regulation has no size threshold. The instrument states that it does not contain SME-specific provisions, and that SMEs may be affected indirectly where they sit in the supply chains of in-scope undertakings or voluntarily seek taxonomy alignment.

When does EU Taxonomy Regulation apply from, and what are the deadlines?

Articles 4, 5, 6, 7 and Article 8(1), (2) and (3) apply from 1 January 2022 for the climate objectives under Article 27(2)(a), and from 1 January 2023 for the remaining objectives under Article 27(2)(b). The Commission disclosure delegated act was due by 1 June 2021 under Article 8(4).

What does EU Taxonomy Regulation require me to do?

You must apply the four-part test in Article 3 before claiming an activity is environmentally sustainable, put in place minimum safeguard procedures under Article 18(1) and Article 18(2), and make the disclosures required by Articles 5, 6, 7 and Article 8(1) and (2) that apply to you.

What records or documents does EU Taxonomy Regulation require me to keep or produce?

Financial market participants must publish taxonomy disclosure in product documentation under Articles 5, 6 and 7. Undertakings in scope of Article 8(1) must include taxonomy information in their non-financial statement, and Article 8(2) requires the proportion of turnover, capital expenditure and operating expenditure that is taxonomy-aligned.

What happens if I do not comply with EU Taxonomy Regulation?

The Regulation sets no EU-level fine amounts. Article 22 requires each Member State to lay down measures and penalties for infringements of Articles 5, 6 and 7 that are effective, proportionate and dissuasive, so the penalty varies by Member State.

Does EU Taxonomy Regulation apply to a UK business selling into the EU?

The Regulation applies throughout the European Union and is directly applicable in all Member States. It does not state how the Regulation applies to a UK business selling into the EU.

Does EU Taxonomy Regulation apply to an EU business selling into the UK?

The Regulation applies throughout the European Union and is directly applicable in all Member States. It does not state how the Regulation applies to an EU business selling into the UK.

How is EU Taxonomy Regulation different from SFDR?

The Taxonomy Regulation supplements the SFDR, Regulation (EU) 2019/2088. Article 5 adds taxonomy disclosure to SFDR Article 9 products, Article 6 adds requirements to SFDR Article 8 products, Article 7 adds a prescribed statement to all other financial products, and Article 25 directly amends the SFDR.

How do I start complying with EU Taxonomy Regulation?

Start with the four-part test in Article 3, which decides whether an economic activity qualifies as environmentally sustainable, and then put in place the minimum safeguard procedures required by Article 18(1) covering the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights.

Which ComplianceSME account includes the EU Taxonomy Regulation toolkit?

The EU Taxonomy Regulation agent toolkit is included from the Medium level.

Related in corporate governance, employment and financial: CSRD · CS3D / CSDDD · EU AML Regulation · SFDR